Monthly Rent Report
Pasadena Rent Report — January 2024
Asking rents in ZIP 91103, Los Angeles, from 170 listings.
Median 1BR rent in Pasadena was $2,968 in January 2024, up 34.9% (+$768) from December 2023 and up 56.2% year-over-year. The middle half of 1BR listings asked between $2,826 and $3,341. That puts Pasadena $872 above the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 170 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,324 | +$409 (+14.0%) | −$47 (-1.4%) | $2,250 – $3,460 | 9 |
| Studio | $3,203 | +$288 (+9.9%) | −$168 (-5.0%) | $2,469 – $3,873 | 20 |
| 1BR | $2,968 | +$768 (+34.9%) | +$1,068 (+56.2%) | $2,826 – $3,341 | 43 |
| 1BR | $2,556 | +$356 (+16.2%) | +$656 (+34.5%) | $2,396 – $2,762 | 4 |
| 2BR | $3,427 | −$448 (-11.6%) | −$531 (-13.4%) | $3,287 – $3,430 | 3 |
| 2BR | $3,626 | −$249 (-6.4%) | −$332 (-8.4%) | $2,500 – $4,060 | 73 |
| 3BR | $3,100 | −$895 (-22.4%) | −$650 (-17.3%) | $3,100 – $3,100 | 1 |
| 3BR | $4,000 | +$5 (+0.1%) | +$250 (+6.7%) | $4,000 – $6,048 | 13 |
| 4BR | $8,950 | — | +$3,400 (+61.3%) | $8,425 – $9,475 | 2 |
| 4BR | $8,950 | — | +$3,400 (+61.3%) | $8,425 – $9,475 | 2 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — January 2024
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,324 | $1,750 | +$1,574 (+89.9%) |
| Studio | $3,203 | $1,750 | +$1,453 (+83.0%) |
| 1BR | $2,968 | $2,097 | +$872 (+41.6%) |
| 1BR | $2,556 | $2,097 | +$460 (+21.9%) |
| 2BR | $3,427 | $2,795 | +$632 (+22.6%) |
| 2BR | $3,626 | $2,795 | +$831 (+29.7%) |
| 3BR | $3,100 | $3,950 | −$850 (-21.5%) |
| 3BR | $4,000 | $3,950 | +$50 (+1.3%) |
| 4BR | $8,950 | $5,200 | +$3,750 (+72.1%) |
| 4BR | $8,950 | $5,200 | +$3,750 (+72.1%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in January 2024.